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Archives

Have You Ever Seen a Housing Market Like This?

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September 8, 2020 - General Information
The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and [...] Read More
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Monica Foster September 8, 2020

Homebuyer Demand Is Far Above Last Year’s Pace

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September 3, 2020 - General Information
Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder [...] Read More
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Monica Foster September 3, 2020

How Will the Presidential Election Impact Real Estate?

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September 2, 2020 - General Information
The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we [...] Read More
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Monica Foster September 2, 2020

Builders & Realtors Agree: Real Estate Is Back

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August 25, 2020 - General Information
When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost [...] Read More
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Monica Foster August 25, 2020

Forbearance Numbers Are Lower than Expected

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August 20, 2020 - General Information
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the [...] Read More
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Monica Foster August 20, 2020

Just How Strong Is the Housing Recovery?

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August 19, 2020 - General Information
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward [...] Read More
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Monica Foster August 19, 2020

Sellers Are Returning to the Housing Market

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August 18, 2020 - General Information
In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back [...] Read More
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Monica Foster August 18, 2020

The Beginning of an Economic Recovery

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August 17, 2020 - General Information
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge [...] Read More
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Monica Foster August 17, 2020

Why Foreclosures Won’t Crush the Housing Market Next Year

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August 12, 2020 - General Information
With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave [...] Read More
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Monica Foster August 12, 2020

The Latest Unemployment Report: Slow and Steady Improvement

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August 10, 2020 - General Information
Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. [...] Read More
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Monica Foster August 10, 2020
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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Galveston – Pearland – Sugarland
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